If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

As to the fear the house will fall in you, you’re painting the wrong picture as that would involve jacking the house up or removing existing bracing.

Removed a post to open up the space.

I have templates for moving in or out, adding tenants, removing tenants, starting or terminating management, evictions, working with a buyer or seller, etc.Each checklist task can have sub-tasks, due dates, be assigned to team members, followed by other team members, comments, and more.

You can also do conventional owner occupant loans at 5 and 10%, and generally I favor those because the costs are typically lower and you do not have to refi out to remove the PMI. my understanding is that with the FHA loan you will have to refi out into a different product to be able to remove the MIP.

It sounds like the RE industry got shut out on a technicality that could probably be removed or clarified if we caused a big enough uproar with our senators and representatives. 

If you aren’t removing all of the ductwork and replacing it, your number for the HVAC is way too high.And washer dryer pairs are usually less than $2000.

Is it legal in Virginia, for the seller to pay me a "Consultation Fee" or a "Marketing Fee" of say $1,000 for my time, or some other "Fee" for me to remove my contract and allow him to proceed with the sale with the other buyer.

As you get over 4 units you need to consider not only how you would evaluate the property as an investment but also how a commercial lender will evaluate it.Things that you might look at that you might not consider on a SFH are cap rate, Debt coverage ratio, various way to calculate ROI, and expense like snow and trash removal that you don't encounter on SFH.

For instance, if the financials of the LLC are improperly managed, it can remove the limits of liability, and make you personally liable...so, it's worth reading up on this topic, and discussing it with an experienced CPA and attorney to understand how to run the LLC in a way that actually helps limit your liability.Good luck out there!